Published On:March 20 2015
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Marquardt sets up R&D centre in Pune.

Marquardt, a Germany-based maker of mechatronic components, has set up an R&D centre at Hinjewadi in Pune to help collaborate on products for the global automotive segment.

'In the past year we have received our largest contract in India from Tata Motors. Starting in the third quarter of 2016, we will deliver Passive Entry Passive Start Systems for various cars of the OEM,'Dr Harald Marquardt, CEO of the group, said.

The company will develop the products across its R&D centres in India, China, Romania and Germany, and begin supplies from the plant in China.

Marquardt also plans to set up a manufacturing company, most likely in Pune in the next four-five years, the CEO added.

The company, which makes a variety of electronic and electro-mechanical switches for automobiles, power tools and home appliances, already makes and supplies switches from a plant in Mumbai. Panasonic is a major client.


HBL


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